PPP Loan information for M&b salem restaurant llc

$258,612

M&b salem restaurant llc was initially approved for PPP Loan of amount $258,614, the current approved amount is $258,612. The loan was approved on 04/08/2020 by The Eastern Bank reported 55 jobs and $258,612 was used to fund payroll.

M&b salem restaurant llc is Existing or more than 2 years old

PPP Loan Search / MA / SALEM / M&b salem restaurant llc

M&B SALEM RESTAURANT LLC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M&B SALEM RESTAURANT LLC

Borrower Address

WASHINGTON ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-1209

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258614.00

Current Approval Amount

258612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-1209

CD

MA-06

Jobs Reported

55

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258612.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262017.06

Forgiveness Date

08/12/2021

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